- +65 6524 8574; + 65 6465 9128
- Singapore 19, kim keat road #02-04 Fu Tsu building 328804
- info@1korp.com
Upstream To Downsteam
Programme Highlights
-Selecting best available metering principles for quantity and quality measurements
- Estimating uncertainty
-Applying standards
-Selecting hydrocarbon allocation methods
-Setting up an audit-trail
-Understanding traceability
-Recognizing the pitfalls and shortcomings in metering installations
You will be able to:
-Practical experiments are utilized to create awareness and to recognize related fiscal implications.
-Employing daily classroom exercises to create a better understanding of industry best practises.
-Be able to differentiate between the main fiscal regimes and associated cash-flows
-Interactive discussions and explanations of fundamental theory metering equipment and process behaviour will be addressed
-Realistic case exercises where participants discover themselves by simulating real live situations and solve essential custody transfer problems.
Languages:
English
Skills
Discipline:Instrumentation, Controls & Electrical
Level: Intermediate
Duration: 5 Days
Date: On request
Venue: MY/SG(If you have more than 10 persons, it is also possible to provide the course at a location convenient to you. Please ask for more details.)
Who Should Attend?
- Mechanical Engineers
- Process Engineers
- Chemical Engineers
- Instrumentation Engineers/ Metering Engineers
- Production Engineers
- Reservoir Engineers
- Valve Technicians
- Measurement Superintendents
- Custody Technicians
- Design Engineers
- Hydrocarbon Accountants
- Regulators (Government Agencies)
- Metering System Suppliers
Methodology:
Mixture of lectures, workshops and discussion
Upstream Integrated Asset optimization
Machine Learning, Decision Automation,AI & Data Science For non-data scientists
Programme Highlights
-A Best Practice Approach of Decision Automation
-Identify real opportunities exist to focus your attention and investment on bigger opportunities first
-Optimize Production Performance & Efficiency
-Predict Equipment Failure
-Embrace How To Collect, Use & Profit From Data
-Cost-Effective Machine Learning Technologies
-Optimize Internal Workflows
You will be able to:
- Get an overview on how Artificial Intelligence can help in making faster, better, and cheaper data-driven decisions
-Understand how Artificial Intelligence can increase profitability by increasing production, streamlining the supply chain, or reducing engineering time.
-Learn how to align business strategy and Artificial Intelligence
- Determine what the challenges are in implementing Artificial Intelligence
- Get a clear overview of the way forward on how to implement Artificial Intelligence in the oil and gas upstream business
Languages:
English
Skills
Discipline: Management and Information
Level: Intermediate
Duration: 3 Days
Date: On request
Venue: MY/SG(If you have more than 10 persons, it is also possible to provide the course at a location convenient to you. Please ask for more details.)
Who Should Attend?
· Engineers
· Scientists
· E&P senior technology manager
· CIO
· CTO
· C- Level and Board Memners
· Senior Managers
Methodology:
Mixture of lectures, workshops and discussion
Tracking petroleum revenue flows from well-head to budget
Programme Highlights
-A Best Practice Approach of a proven modeling software
- Review fiscal systems and top tax issues for selected countries
-Practical model-building sessions
-The nature and details of all the important fiscal features around the world
-The wide variety of fiscal systems based on concessions, production sharing contracts, joint ventures, service contracts and other arrangements in the value chain
-The underlying economic characteristics of various fiscal systems
-How government policies impact on fiscal systems
-Competitive worldwide frameworks for investing in the oil and gas sector
You will be able to:
Refresh the concepts of conventional cash-flows.
-Be able to calculate various profitability indicators
-Be able to differentiate between the main fiscal regimes and associated cash-flows
-Understand the effect of various factors on the contractor’s profitability
-Understand the legal relationship between host governments and companies
-Appreciate the importance of fiscal termsnd host government’s take
Languages:
English
Skills
Discipline: Economics and Finance
Level: Intermediate
Duration: 5 Days
Date: On request
Venue: MY/SG(If you have more than 10 persons, it is also possible to provide the course at a location convenient to you. Please ask for more details.)
Who Should Attend?
- Project Managers
- Operating managers
- Field personnel
- Project planners
- Estimators
- Technology managers
- Cost control personnel
- Budget analysts
- Financial analysts
- Department managers
- Anyone who are dealing with budgets, planning and performance analysis
Methodology:
Mixture of lectures, workshops and discussion
Commercial Development,Economics, Pricing, Transportation,Project Management and Risk
Programme Highlights
- Consumerism and world LNG market
- Commercial structures for liquefaction & regasification
- LNG sales and purchase agreements
- Gas and LNG storage, transportation & bunkering
-Mitigate key risk management issues within the industry
- Real life country case studies
- issues involved with financing a LNG project with a practical focus on how to overcome them
You will be able to:
- Understand the latest state of global LNG consumption and supply
- Quantify emerging commercial patterns in Asia-Pac
- Sort through liquefaction and regasification
- Discover the intricate process of transportation and storage of LNG fuel
- Recognise trading, pricing, and transaction agreements and value chain contracts
- Commercial and business development
- Fundamentals of LNG pricing and negotiations
- Transportation, storage and bunkering
- LNG industry forecasting and country analysis
Languages:
English
Skills
Discipline: Business and Commercial
Level: Intermediate
Duration: 4 Days
Date: On request
Venue: MY/SG (Can take place at a time or place of your convenience)
Price: On request
Who Should Attend?
- - Field Development Engineers
- - Production Engineers
- - LNG Commercial Managers
- - Pricing Managers and Energy Economists
- - Project Coordinators / Managers / Engineers implementing LNG-related Projects
- - Public Sector officials (regulators and ministry)
- - Health & Safety Managers Research Scientists
Methodology:
Mixture of lectures, workshops and discussion
Next Generation People Transformation & Effective Team Management
Programme Highlights
- Ways to communicate and influence effectively within your team
- Proven strategies to enhance your staff’s personal performance and job satisfaction
-The kind of team you are all part of, how you fit in and your own unique contributions
- Your own and other’s personality preferences
- Ways to be more emotionally intelligent, innovative and outcome-oriented
- Using feedback and technology to enable continuous individual and team learning
You will be able to:
- Understand the fve leadership approaches that are required in today’s organisations
- Strategies to enhance your staff’s personal performance and job satisfaction
-Understand how personality preferences impact others
- Develop interpersonal, Emotional Intelligence (EI) and political skills
- Appreciate when assuming the leadership role in team tasks (even though they are not the formal team leader)
-Welcome feedback and embrace continuous learning
- Optimize performance, trust and collaboration within the team
Languages:
English
Skills
Discipline: Business Commercial & Leadership
Level: Intermediate
Duration: 5 Days
Date: On request
Venue: MY/SG (Can take place at a time or place of your convenience)
Price: On request
Who Should Attend?
- Managers - Senior Managers - Project Coordinators / Engineers implementing Projects - Public Sector officials (regulators and ministry) - Health & Safety Managers Supervisors
Methodology:
Mixture of lectures, workshops and discussion
Assurance,Governance, Risk, Compliance , Petroleum Fiscal Systems & Tax
Programme Highlights
-Basic principles of oil and gas accounting
-Operational auditing as a vital management tool
- FINANCIAL Ratios
- CORPORATE GOVERNANCE & INTERNAL CONTROLS
- Government Oil Tax Issues
- Joint Venture Audits -A best practice programme for managing the oil client
- Mergers and acquisitions - benefits and problems
Core Modules & Outcomes
- Audit the main risk areas in oil and gas companies
- Understand the impact of fraud in companies
- Develop controls and tests for the detection and prevention of fraud
- Plan, conduct and conclude an external audit in the most appropriate and efficient way
- Gain valuable insights into audit related issues in all areas of the audit file for oil and gas companies.
- Understand the requirements of International Standards on Auditing; particularly how they impact on the audit of oil and gas companies
- Set up an effective internal audit function in such companies
- Appreciate other areas of audit and assurance outside of the ‘financial’ audit focus
- Be aware of the Economic and Governance drivers and policies in an oil and gas company
- Improve technical and 'soft skills' such as communication skills, and manage conflict working as part of a team.
- Acquire an holistic understanding of how an oil company functions and how important audit and insurance can be
- Company cash flow and reporting
- Construction projects and related contractual issues
- Best practice by Oil operators in coping with the range of JV auditors
- Building up the flow of accounting and tax information to allow maximize tax claims
You will be able to:
- Understand the roles of the external and internal auditors and the confidence they give to investors in oil and gas companies.
- Understand how oil and gas companies work, and the associated risks connected with them.
- Understand the importance of communication with the client, the audit team and possibly with regulators in a whistle-blowing situation.
- Understand how fraud can impact on an audit and the auditors’ responsibilities in this respect.
- Understand thoroughly the field work required in all areas of the audit file and typical problems and issues
- Understand the audit completion process.
- Understand how the audit opinion is derived and communicated along with weaknesses found during the audit process
Languages:
English
Skills
Discipline: Finance, Compliance, PSC
Level: Intermediate - Senior Management
Duration: 4 to 5 days depending upon the modules selected
Date: On request
Venue: Can take place at a time or place of your convenience
Price: On request
Who Should Attend?
- Internal/External Audit
- Internal Control
- Finance/Financial
- Control
- AccountingCorporate Governance and Compliance
- Fraud/Crime
- Risk Management
- Governmental Regulators
- Operational Audit
- Legal
Methodology:
Mixture of lectures, discussion and debate
Programme Highlights
- Develop understanding of the accounting standards, policies and practices used by companies in the Oil & Gas E & P industry
- Examine issues and guidelines in accounting for Joint Ventures
- Improve relevance and reliability of financial reports to better meet the needs of users
- Identify and know how to apply international and national accounting standards most relevant to the E&P industry
- Review and use publicly available information for bench-marking the business performance of companies in the E&P industry
You will be able to:
- Understand budgeting concepts
- Learn budgeting classifications
- Know the difference between estimation and budgeting
- Determine the required inputs for budgeting
- Understand the process of budgeting
- Prepare Outputs of budgeting process
- Be able to forecastKnow how to analysis risks and its impacts
- Controlling, Monitoring and managing the budget
- Define and calculate Key Performance Indicators (KPI)
- Design budget management control system that work
- Understand the principles of zero-based budgeting and its development and implementation
- Determine the relevant information for decision making
- Use sensitivity analysis of budgets and their behavior
- Determine root causes of budget variances using the proper tools and techniques
- Develop tools to use for managing costs
- The key tools for budget presentation for greater effectiveness
- Improve your own performance management awareness
Languages:
English
Skills
Discipline: Economics and Finance
Level: Intermediate
Duration: 1 to 4 days depending upon the modules selected
Date: On request
Venue: Can take place at a time or place of your convenience
Price: On request
Who Should Attend?
- Project Managers
- Operating managers
- Field personnel
- Project planners
- Estimators
- Technology managers
- Cost control personnel
- Budget analysts
- Financial analysts
- Department managers
- Anyone who are dealing with budgets, planning and performance analysis
Methodology:
Mixture of lectures, workshops and discussion
Identifying New Approach to Talent Crisis & Strategic Planning
Programme Highlights
- Processes of Talent Management & HR Transformation
- FRAUD, IMPAIRMENT & PROVISIONS
- Sourcing Tools and Talent Acquisition Strategy
- Understanding the Integrated Talent Management Model
- Accelerated Development Programme in Growing Talent
- Case Studies in Strategic Talent Planning as a Business Critical
Process
- Technical Talent Management
You will be able to:
- Global Recruitment Trends
- Challenges of an ageing workforce
- Gender gap and creating diversity in the workforce
- Source Tools and Talent Acquisition strategy
- Recognize the impact of failed talent management on organisations
- Identify and maximize strategic talent through principles of talent acquisition and retention
- Understand Strategic Resourcing and alignment of HR practices with company’s value creation intent
- Understand the alignment of business practices with applying recruitment techniques
- Identify, engage and manage local and foreign talent
- Create an effective development framework for talent management and succession planning
- Design manpower plan to meet strategic needs of the organisation and reduce business risk
- Develop strategies aimed at building adequate supply of required talent
- Case studies in strategic talent planning as a business critical process
- Building a Competitive Workforce in the New World Economy Beyond 2019
Languages:
English
Skills
Discipline: Human Resource Planning and Finance
Level: Intermediate
Duration: 1 to 4 days depending upon the modules selected
Date: On request
Venue: Can take place at a time or place of your convenience
Price: On request
Who Should Attend?
- • Organisational Managers
- • Training & Development Heads of Departments
- • Talent Acquisition and Recruitment Staff
- • Employee Relations• Compensation & Benefits
- • HR Performance and senior business leaders
- • Recruitment researchers and executive search consultants
Methodology:
Mixture of lectures, workshops and discussion
Accelerating Success Through Strategic Talent Planning
Programme Highlights
- Business objectives are achieved
- Return on Investment (ROI) and value drivers are captured
- Transition costs are managed
- False starts are minimized
- Organisations are aligned around a common goal
You will be able to:
- Understand the fundamentals of managing change
- Assess limitations and capital cost controls
- Recognise the behavior and traits of a change leader
- Establish an evolving Leadership Development Framework
- Identify the steps of a change process
- Identify the obstacles to change
- Manage change by building a competitive workforce
- Understand leadership characteristics and global recruitment trends
- Recognise the impact of failed change management on organisationsIdentify and maximise strategic talent through principles of talent acquisition and retention
- Understand the elements of strategic resourcing and alignment of HR practices with the company’s value creation intent
- Create an effective development framework for talent management and succession planning
- Design manpower plan to meet strategic needs of the organisation and reduce business risk
- Case studies in strategic talent planning as a business critical process
Languages:
English
Skills
Discipline: Business and Human Resource
Level: Intermediate
Duration: 4 Days
Date: On request
Venue: MY/SG
Who Should Attend?
- - Organisational Managers
- - Talent acquisition and recruitment
- - Training & Development
- - Employee Relations
- - HR Performance and senior business leaders
- - Recruitment researchers and executive search consultants
- - Regional or local country managers who want to better engage and foster commitment and loyalty within their organisation
Methodology:
Mixture of lectures, workshops and discussion
Market forecasts, E&P Trends and Techniques( A Non Technical Approach)
Programme Highlights
-Health and Safety & Global Overview
- Defining Field Life CycleGeological and GeophysicalCommercial
-Structures & Capital Governance
-Risk & OpportunitiesDevelopment & Production
-Petroleum Contract TypesBudgeting and CostingAccounting and Evaluations
You will be able to:
- Increase your understanding of the legal and commercial structures supporting upstream and downstream
- Appreciate the significance, and therefore the relevance and reliability, of the information prepared by a company for use in financial reports, economic analyses and decision making
- Be aware of the key US GAAP and International Financial Reporting Standards (IFRS) adopted in financial reporting by E&P companies;
- Know why some a significant number of E&P projects fail to meet their objectives
- Have an appreciation of the current activity and likely future activity in the exploitation of oil and gas resources around the globe.
- Recognise and use the industry jargon when discussing corporate, physical and technical matters/ issues
- Have developed confidence in your ability to analyse and interpret the information disclosed in the financial statements of an E&P company, its co-venturers and its competitors
- Realise the key importance of ‘front-end-loading’ in a project’s development, understand the principles of stage-gate management
- Be familiar with the ‘how and when’ of impairment decisions and asset restoration obligations and the effect they have upon oil and gas company’s balance sheets
- Understand how energy is generated from hydrocarbons, which many in the industry, do not know;
-Be cognisant of the hugely important link between Proved/Probable Reserves and Balance Sheet Assets
Languages:
English
Skills
Discipline: Business and Economics
Level: Basic - Intermediate
Duration: 3 Days
Date: On request
Venue: MY/SG(If you have more than 10 persons, it is also possible to provide the course at a location convenient to you. Please ask for more details.)
Who Should Attend?
- -Oil and Gas DirectorsManagersSupervisors
- - Technical Specialists
- -AccountantsLawyers
- -Treasurers
- -Engineers
- -Auditors
- -Industry Service Suppliers
- -Banking Professionals
- -Insurance Professionals
- -Ministerial employees
Methodology:
Mixture of lectures, workshops and discussion
Education is not the learning of facts, but the training of the mind to think.